PERMIAN NON-OPERATED ASSETS
676.43-Net HBP Leasehold Acres.
YATES FIELD UNIT IN PECOS CO, TX
0.47% Non-Operated WI (Various NRI)
An Additional ~1.3% RI In Tract 26
Avg 8/8ths Prod (6-Mn): 27.285 MBOED
Avg Net Cash Flow (6-Mn): $51,339/Mn
AUCTION ENDS ON JUNE 22, 2022
PP 5366AU
Onshore |
Land Base |
Unconventional |
Play Type |
ENERGYNET INC - CORTERRA ENERGY LLC
Deal Summary
Cimarex Energy Co, an affiliate of Coterra Energy has retained EnergyNet Inc to assist in the sale of certain Permian basin non-operated and royalty assets in Texas, according to a media article dated 3-June-2022. The auction opens on 15-Jun-2022 and closes on 22-Jun-2022.
Highlights:
-- Located in Yates field unit in Pecos Co., TX;
-- Covers 676.43 net HBP leasehold acres;
-- Holds ~0.47% non-operated WI (various NRI) in Yates field unit and an additional ~1.3% RI in tract 26;
-- Average 8/8ths Production (6 months, includes net production): ~27.285 MBOE/d (56% oil and 44% gas);
-- Average net cash flow (6 months): $51,339/month;
-- Operator: Kinder Morgan Production Co.
To learn more contact:
Mr. Ethan House
Phone: 405-759-8437
Email: Ethan.House@energynet.com